HomeMy WebLinkAbout2008-031-03/18/2008-ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE CITYS RAW WATER FOR THE 2008 SEASON RESOLUTION 2008-031
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ESTABLISHING RENTAL RATES AND DELIVERY CHARGES FOR THE
CITY'S RAW WATER FOR THE 2008 SEASON
WHEREAS, each year prior to the irrigation season, the City Staff and the Water Board
("the Board")make a recommendation to the Council regarding rental rates and delivery charges
for the use of the City's raw water; and,
WHEREAS, the Water Utility uses these rates to assess charges for agricultural rental
water, for various contractual raw water obligations and for raw water deliveries to other City
departments; and
WHEREAS,on February 28, 2008,the Board discussed the rental program and the use of
raw water and recommended the following rates for the 2008 irrigation season:
Type of Water Proposed 2008 Rental Rates/Charges (1)
RWR Not Satisfied RWR Satisfied
Active Rental Market
NCWCD Water(CBT) - Ag $ 35.00/ac-ft n/a
NCWCD Water(CBT)—M&I $ 54.00/ac-ft n/a
North Poudre Irrigation Co. —Early Ag Use $ 14.00/ac-ft n/a
North Poudre Irrigation Co. -Ag Use $ 35.00/ac-ft n/a
North Poudre Irrigation Co. —Multiple Use $ 35.00 /ac-ft n/a
Water Supply and Storage Co. $ 3,200.00/share n/a
RWR Not Satisfied RWR Satisfied
Limited Rental Market
Arthur Irrigation Co. $ 60.00/share $ 17.00 /share
Larimer County Canal No. 2 $ 500.00 /share $ 420.00/share
New Mercer Ditch Co. $ 550.00/share $ 510.00/share
Pleasant Valley& Lake Canal Co. $ 550.00/share $ 210.00/share
Warren Lake Reservoir Co. $ 400.00/share $ 360.00/share
Sherwood Res. Co. $ 10.00 /share $ 8.40/share
Sherwood Irrigation Co. $ 900.00/share $ 900.00/share
Reusable Sources $ 500.00/ac-ft $ 100.00/ac-ft
Notes:
(1) Rates may be adjusted to reflect significant changes in the remaining yield or the prevalent
market price of the water stock being rented.
NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the rental rates and charges as set forth above are hereby approved for the City's
raw water for 2008 and the Utilities Executive Director is authorized to rent or deliver such raw
water at said rates.
Passed and adopted at a regular meeting of the C nc' of the City of Fort Collin is 18th
day of March A.D. 2008.
Mayo
ATTEST:
YCA.
City Clerk